Could $40.6 Trillion U.S. Debt Trigger a Gold Bull Market? - SD Bullion
Gold
AI desk brief
Gold and silver ended the reported week at asking prices of $3,889/oz and $49.38/oz, extending their selloff. SD Bullion reports U.S. debt above $40.6 trillion and an October 2026 deficit of $404 billion, with interest consuming 28% of federal revenue. It argues fiscal pressures could constrain sustained high interest rates and support gold, while describing strong central-bank buying without quantifying purchases. Its forecast of gold eventually reaching multiples of the quoted price remains speculative and conditional on monetary policy, inflation, economic conditions and investor demand; the fiscal figures alone do not establish a near-term bullion direction.
Sources used
- S1 SD Bullion via Google News — Could $40.6 Trillion U.S. Debt Trigger a Gold Bull Market? - SD Bullion